Alex wrote a great article on how alternative energy stocks are doing well in the wake of recent oil price hikes.
http://www.investorgeeks.com/articles/2007/10/30/oil-is-out-ethanol-and-alternative-power-coming-in/
Solar stocks are up huge over the past few days. Anyone have a strategy for trading these puppies. Which companies do you like best?
I think it's pretty obvious that solar energy is going to be major part of our energy infrastructure going forward. Solar cells, etc, are getting much more efficient and cheaper at Moore's Law-like rates. If you are looking 5-10 years out, you need to have solar stocks in your portfolio.
The problem is deciding who is going to hang around and who will make the big break throughs. I'd say buy 3-4 of the biggest, best-looking companies on any sign of weakness (probabl not now). Keep tabs on things to make sure that your 3-4 companies are still on top of their game.
Solar beats the general market over the next 2 decades for sure.
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